The IAC and the Strategic Committee's will ensure the investment portfolio reflects both the industry’s priorities and the Australian Federal Government’s Rural Research and Development priorities. The plan will allow all stakeholders to look forward and to investigate the next generation of production, processing and marketing technologies that will ensure Australia retains its position as a preferred supplier of high quality, value for money almonds, produced in risk minimizing, cost competitive sustainable production systems.
Mildura with representation from growers, researchers, service providers, processors and marketers. Following the completion of the workshop, the industry’s Vision, Mission, Objectives, Strategies and Actions were developed and the plan will now provide a platform from which further detail will evolve. The next six months will involve a consultation period at grower meetings industry strategic committee meetings, and the IAC meeting. The R&D objectives and strategies will be justified and prioritised with an emphasis placed on an analytical business case. The process will involve rigour and comparison between competing research investment areas using both subjective and objective tools. The R&D objectives and strategies will be ranked based on urgency, importance, impact and likelihood of success and then the potential benefit assessed in relation to the expected costs. The end result will be an expected Net Present Value figure and a Benefit Cost Ratio figure for a specific project investment.
Due to strong growth in the industry over the past few years, Australian almond production is predicted to increase to more than 80,000 tonnes by 2015. Associated with this growth in production will be an increase in R&D levy collection. Over the next 5 years, the Australian almond industry, the Commonwealth government and other funding partners are likely to invest between $10 - 15 million in R&D for the industry. This substantial amount of money provides a major resource with which to drive the development and world competitiveness of our industry. It is critical that it is invested wisely. Accordingly, a new R&D investment plan - the Almond Industry R&D Strategic Plan 2011-2016, is needed to prioritise investments of statutory levy funds, industry voluntary contribution funds and matching federal funds, in almond R&D. The process of developing this plan started in May 2010, with a two day workshop in
For further information contact: Ben Brown
Industry Liaison Manager Almond Board of Australia P 08 8582 2055 or 0447 447 223 E: firstname.lastname@example.org
Strategic Plan - Draft Framework
Vision As a profitable industry to lead in the efficient production, processing and marketing of quality almonds and secure a position of preferred supplier
Mission Optimise profitability through innovation
Objective 1 Develop & maintain market
Objective 2 Increase product value (quality & price)
Objective 3 Improved efficiency &
Objective 4 Ensure an enabling environment (capacity & communication)
opportunities (volume sold)
sustainability (costs & risks)
Australian Almond Conference - Launch Final Plan 28 October 2010